Professional Documents
Culture Documents
Introduction
Entrepreneurship is the driver of
economic growth and development in many
The challenges of fighting the rising developing economies. Since its inception, it
state of unemployment in Nigeria are the has grown greatly due to many opportunities
major task of policy makers and economic it presents to creative and business oriented
managers. The International Labour individuals. Shepherd and Douglas cited in
Organisation (ILO) (2007), defined Akanwa and Akpanabia (2012) observed that
unemployed workers as those who are entrepreneurship development is the ability
currently not working but are willing and to envision and chart a course for a new
able to work for pay, currently available to business venture by combining information
work and have actively searched for work. In from the functional disciplines and from the
the view of Hornby (2010), unemployment is external environment in the context of the
“the facts of a number of people not having a extraordinary uncertainty and ambiguity
job; the number of people without a job; the which faces a new business venture. A
state of not having a job”. In the context of greater percentage of jobs are created by
this study, unemployment is a general entrepreneurs who started with small
phenomenon of joblessness due to inability businesses. Enu (2012) believed that people
of capable and willing individual(s) to get in entrepreneurship have more opportunity to
job. Unemployment rate in most developing exercise freedom, higher self esteem and
nations including Nigeria is on the increase overall sense of control over their own lives.
and threatening. Functional education goes It is believed that nurturing a robust
beyond mere acquisition of knowledge in a entrepreneurial culture will ignite individual,
formal setting. In the view of Onyali and collective and social success on a local,
Akinfolarin (2017), education is an national and global magnitude. Based on
indispensable means of transmitting the this, the national standards for
skills and knowledge that are required by entrepreneurship education were developed
individuals to fully participate and contribute to prepare youths and adults to succeed in an
to the development of economic, social and entrepreneurial economy. Entrepreneurship
political activities of any country. Functional in the context of this study is the process of
education is more of applied and productive bringing together creative and innovative
education aimed at acquiring the appropriate ideas and combining them with management
knowledge and skills needed to attend to the strategies and functions in order to meet
realities of the society. The National policy identified needs thereby creating wealth. It is
on education (Federal Government of a sole activity that brings productive
Nigeria, 2004) noted that for functional resources together to create an output whose
education to be relevant, practical acquisition value is hoped to exceed the cost of all the
of appropriate skills and development of productive resources. It is important to note
competencies are required for the individual that entrepreneurship involves the issue of
to live and contribute to the development of planning, organizing and managing of
his society. In effect, graduates need resources regarding a business stands out
competencies to exercise their talents and be clearly as functions of the entrepreneur.
able to transform their skills into wealth.
This will amount to drastic reduction in An entrepreneur is an opportunist and
unemployment rate trough job creation for risk-taker who is considered to be the main
self reliance.
factor of production without which the other businesses and are provided incentives to aid
factors cannot be effective. In the view of the process. People need to be fully aware
Deakins and freel (2009), an entrepreneur is and educated, equipped, and well prepared to
an innovator, and one that introduces new face the challenges and opportunities in
technologies into the work place or market, businesses. Adamu (2005) noted that Nigeria
increasing efficiency, productivity or educational system failed to lay the
generating new products and services. He foundation of economic freedom, manual
contributes his own initiative and skills in skills and expertise necessary for successful
planning, organizing and managing the industrial and agricultural development.
enterprise and also incurs the loss and gain Nigerian governments had put in place
resulting from unforeseen and uncontrollable various programmes and measures ranging
situations. An entrepreneur is one who from Operation Feed the Nation (OFN) to
undertakes an enterprise, acting as programmes such as Mass Mobilization for
conciliator between capital and labour in Self Reliance and Economic Recovery
order to produce goods and services. (MAMSER), Structural Adjustment
Creativity and innovation are important Programme (SAP), and National Directorate
techniques that help the entrepreneur to see of Employment (NDE), and National
things in a different perspective and initiate Poverty Eradication Programme (NAPEP)
new approaches to the business. Hisrich and which is still in operation in the country to
Peters (2002) stated that creativity is the act address the problem of graduate
of thinking new things and coming up with unemployment but all the programmes have
new ideas. It is also concerned with new not brought about the expected outcomes.
ways of looking at opportunities and Similarly, Ekankumo and Kemebaradikumo
approaches to solving problems while (2011) concluded that all the programmes
innovation is the execution of newly created and measures put in place by successive
ideas. Indeed, innovation, the act of governments so far have proved to be grossly
introducing something new is one of the ineffective in solving the problem of
most difficult tasks for administrators. It graduate employment in Nigeria. Also, the
takes the ability to understand all the forces Skill Acquisition and Entrepreneurship
at work environment. Development (SAED) training by the
National Youth Service Corps seem not to be
Entrepreneurs continue to effective. To support this, Akinfolarin (2015)
complement their knowledge through asserted that many youth corps members
reading of books, trade journals, attending seem to the Skill Acquisition and
seminars or taking refresher courses in order Entrepreneurship Development (SAED)
to strengthen their weaknesses. Generally, program as a waste of their time while some
skills that need to be acquired through see it as a means of acquiring additional
seminars or courses include creativity, certification and only a few key into it in
financing, controlling, opportunity order get hold of the intended vocational
identification, venture evaluation and general skills to be self-reliance. Also, the N-Power
organizational management. As program was introduced by President
entrepreneurship is gaining grounds all over Muhammadu Buhari in 2016 to reduce the
the world, government at all levels are taking increasing rate of youth unemployment in
steps towards promoting its continuation. Nigeria. Many still question the effectiveness
Individuals are encouraged to form new of the N-Power program to be beneficial to
the increasing population of unemployed meaningful training to take place, there must
youths as unemployment rate keep rising on be adequate facilities and equipments to
a daily basis in Nigeria. The stipends paid to practice with. Trainers must be able to adapt
for the program is relatively low to take to the trend and development in technology
home as graduates see themselves being world. Information, Communication and
under employed. Underemployment involves Technology (ICT) should be incorporated
assigning jobs with less remuneration that into various entrepreneurship education
are below the qualifications of the individual programmes to fit into the global trend in the
worker. The minimum wages for Nigeria education industry. In the view of
workers is very low compare to their Akinfolarin and Rufai (2017), ICT is a term
counterparts in other countries. Wages and used to refer to technologies that are used in
salaries should be in accordance to job creating, accumulating, storing, editing and
specification and economic situations for disseminating information in various forms.
employees’ sustainability. There must be adequate financial provision
for entrepreneurship education and
To make up for the curricula development in the country’s national budget
inadequacies in meeting employment for every year. Unfortunately, Akinfolarin
problem, the Nigerian Universities (2017) expressed that the federal government
Commission (NUC), in line with education of Nigeria budgetary allocation to education
policy, directed all universities in the country sector is below twenty percent (20%) which
to establish entrepreneurial centers and that is relatively low to promote quality
entrepreneurial training should be given to education. Modern apparatus should be
all Nigerian undergraduates to prepare them adopted by investors at all levels in order to
for the wider world of opportunities to create ease production process and for better
jobs and ultimately become employers of outputs. With the acquisition and utilization
labour (Ekankumo & Kemebaradikumo, of various vocational skills, individuals will
2011). The entrepreneurship education in be financially autonomous. Unemployment
Nigeria was designed to change the is an hindrance to nation’s development.
orientation and attitude of the recipients and Meaningful programmes should not only be
the process to equip them with necessary initiated but must be well monitored and
skills and knowledge to enable them respond funded by government and private investors
positively to the environment to explore its in order to yield the intended outcomes.
potentials in the process of conserving,
starting and managing a business enterprise Statement of the Problem
(Agu, 2006; Emeratom, 2008).
Entrepreneurship education is therefore that There have not been practically self-
education which assists students to develop administered programme put in place to
positive attitudes, innovation and skills for curtail the growth of poverty and its
self reliance, rather than depending on the consequences. Poverty and unemployment
government for employment. It is an have hindered the optimization of human
orientation towards different ways of capital development resulting in a low
identifying and recognizing opportunities. capacity utilization of scarce resources in
Entrepreneurs must acquire skills and Nigeria, especially in Ondo State. Changes
training in the areas of business in government in Nigeria over the years have
establishment and development. For any led to the emergence of different poverty
obtained. The researchers with the help of returned in good state and were therefore
the community heads in each of the town subjected to analysis. Data collected on the
collected data for the study. Out of the five study were analyzed using frequency count,
hundred questionnaires administered, four percentage, and mean.
hundred and seventy three (473) were
Results
Research Question Two: What are the entrepreneurial skills possessed by the people in Ondo
State?
Table 2: Respondents mean rating of entrepreneurial skills possessed by the people in Ondo
State
VARIABLE LP P HP MEAN
(%) (%) (%)
Mechanic - 1.00
473 - 0
(100.0) 0
Machine operating 449 - - 1.07
(94.9) 0 0
Printing press 473 - - 1.00
(100.0) 0 0
Trade (Buying & 413 17 59 1.29
Marketing
Selling) (87.3) (3.6) (12.5)
397 17 59 1.25
Importation & Exportation
(83.9) (3.6) (12.5)
Vocational Fish farming 427 - 46 1.19
Skills (90.3) (0) (9.7)
Events decoration 444 - 29 1.12
(93.9) (0) (6.1)
Poultry farming 457 - 16 1.07
(96.6) (0) (3.4)
Beads making 442 - 31 1.13
(93.4) (0) (6.6)
Tiling 473 - - 1.00
(100.0) (0) (0)
Shoe making 444 - 29 1.12
(93.9) (0) (6.1)
Sliding windows making 29 15 - 1.03
(6.1) (3.2) (0)
Tailoring 455 - 18 1.08
(96.2) (0) (3.8)
Welding 439 - 34 1.14
(92.8) (0) (7.2)
Furniture making 473 - - 1.00
(100.0) (0) (0)
Hair dressing 418 - 55 1.23
(88.4) (0) (11.6)
Brick laying 425 48 - 1.10
(89.9) (10.1) (0)
Research Question Three: What are the problems associated with the acquisition of
entrepreneurial skills among the people in Ondo State?